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Mortgage Banking

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A fight every day.(Broker Business)(Jacinto Mortgage Group Inc)
Today's market conditions are similar to what mortgage brokers experienced 15 years ago, says Mike Jacinto, president of Jacinto Mortgage Group Inc., Fremont, California. Jacinto is an 18-year . . .

Craig Caldwell and Matt Lizotte.(People)(Textron Financial Corp.)(Brief article)
Craig Caldwell and Matt Lizotte have been named regional sales managers for Alpharetta, Georgia-based Textron Financial Corporation's Vendor Finance Division. Bryan Blanchard has been promoted to . . .

Jeff Pilon and Bob Case.(People)
Jeff Pilon and Bob Case have been appointed managers of Norwell, Massachusetts-based Radius Financial Group Inc.'s Plymouth, Massachusetts, . . .

Eileen Yeagle.(People)(Northfield Bank appointed Sebastian Gallitto and Eileen Yeagle)(Brief article)
Eileen Yeagle has been named assistant vice president and mortgage servicing manager, and Sebastian Gallitto has been named assistant vice president and commercial lending officer for Northfield . . .

Chad Mosley.(People)(Mortgage Contracting Services )(Brief article)
Chad Mosley has been named assistant vice president of business development and James Wade has been promoted to assistance vice president of security and compliance for Mortgage Contracting . . .

William Robinson Jr has been named president of Attorneys Title Agency LLC in Farmington Hills, Michigan.(People)(Brief article)
William Robinson Jr. has been named president of Attorneys Title Agency LLC in Farmington Hills, Michigan. Kenneth Kurel and Jeffrey Raff have been named partners at Trott and Trott PC in . . .

Jerry Wheeler has been named principal and senior managing director-Equity group for Churchill Capital Co.(People)(Churchill Cap
Jerry Wheeler has been named principal and senior managing director-Equity Group for Churchill Capital Co. LLC in Dallas. Paul Bernard has been named senior vice president in the . . .

James P. Gross.(People)(Mortgage Bankers Association )(Brief article)
James P. Gross has been appointed associate vice president of accounting, tax and bank regulation for the Mortgage Bankers Association (MBA) in Washington, D.C. Brian Longe has been appointed to . . .

Titanium Holdings Inc.(People)
Patrick Carey has been named chief executive officer and Spencer Erekson has been promoted to president of Titanium Holdings Inc. in Salt Lake . . .

James A. Kirchmeyer.(People)
James A. Kirchmeyer has been named president of Zaio Corporation in Scottsdale, Arizona. Kevin Kaltenbach has been appointed executive vice president and director of corporate development and has . . .

Saving loans with servicing technology.(Servicing)
We have learned many lessons in this unprecedented mortgage market with regard to servicing loans. We have learned that you can't make loans to people who lack the capacity to pay them back and . . .

Nonresidential building rises during first half of 2008.(Commercial)
Nonresidential construction posted a moderate increase during the first half of 2008, even as it took a significant dip during the month of June compared with the previous month, according to New . . .

Fannie Mae multifamily investment totals $20 billion during first half.(Commercial)(Federal National Mortgage Association)(Brief
Fannie Mae announced that, through its lender and housing partners, its investment in multifamily housing totaled $20 billion in the first half of 2008. Fannie Mae's multifamily financing solutions . . .

June origination dip signals credit crisis impact.(Commercial)(Brief article)
Chicago-based Cambridge Realty Capital Companies reported that its number of commercial real estate loan origination requests dipped during the month of June, prompting the company to cast a more . . .

Overall rental vacancy rate inches down in Q2.(Commercial)(second quarter )(Brief article)
The vacancy rate for overall rental housing dropped slightly during the second quarter of 2008, according to the U.S. Census Bureau. At an even 10 percent, the second quarter vacancy rate for . . .

Foreclosure crisis not hurting apartment sector.(Commercial)
The credit quality of prospective renters has held steady, suggesting that the foreclosure crisis is not spilling over to threaten the financial health of the apartment sector, according to a study . . .

ING Real Estate goes green in the United States.(Commercial)(Brief article)
ING Real Estate, Amsterdam, The Netherlands, announced it has introduced a program in the United States establishing sustainability guidelines for new acquisitions, development projects and the . . .

Guardian Management acquires eight Sperry Van Ness offices.(Commercial)(Guardian Management Corp.)(Sperry Van Ness)
Guardian Management LLC--a Portland, Oregon-based real estate investment and management firm--announced in late July it will acquire the Southern California and Arizona offices of commercial real . . .

U.S. office market softens in Q2.(Commercial)(Colliers International Property Consultants Inc.)(Financial report)
The U.S. office market showed continued signs of softening during the second quarter of 2008, as rising vacancies and overall tenant uncertainty helped make for a lackluster midpoint of 2008, . . .

GAO: terrorism-insurance coverage still a challenge in high-risk areas.(Commercial)(Government Accountability Office)
While commercial property terrorism-insurance coverage appears to be available nationwide at rates policyholders view as reasonable, certain policyholders may face challenges in obtaining desired . . .

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